Alphabet is the boss group of Google. It shows very good numbers for the last 3 months. The sales grow by 24 percent. This is 119 point 8 billion dollar. Experts think about less money. The profit grows to 112 point 1 billion dollar. This is also because of parts in other firms like SpaceX. SpaceX is the space firm from Elon Musk.
The main business from Google is advertising. The firm earns 63 point 27 billion dollar with it. Many people think that new rivals hurt Google. These rivals use artificial intelligence. But Google uses artificial intelligence now too. This helps the search engine a lot.
The cloud business grows very strong too. It grows by 82 percent. Cloud means that data lives in the internet. Alphabet spends much money now. It buys new tech for artificial intelligence. This is 45 billion dollar in the last 3 months. The buyers at the stock market stay calm. The price of shares changes very little.
